Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on July 31, 2020

Bookmark and Share

3 Months Of Hell: U.S. Economy Drops 32.9% In Worst GDP Report Ever

3 Months Of Hell: U.S. Economy Drops 32.9% In Worst GDP Report Ever thumbnail

The coronavirus pandemic triggered the sharpest economic contraction in modern American history, the Commerce Department reported Thursday.

Gross domestic product — the broadest measure of economic activity — shrank at an annual rate of 32.9% in the second quarter as restaurants and retailers closed their doors in a desperate effort to slow the spread of the virus, which has killed more than 150,000 people in the U.S.

The economic shock in April, May and June was more than three times as sharp as the previous record — 10% in 1958 — and nearly four times the worst quarter during the Great Recession.

“Horrific,” said Nariman Behravesh, chief economist at IHS Markit. “We’ve never seen anything quite like it.”

Another 1.43 million people filed for state unemployment last week, an increase of 12,000, the Labor Department reported Thursday. It was the second week in a row of increased unemployment filings and shows that the economic picture continues to remain grim.

GDP swings are typically reported at an annual rate — as if they were to continue for a full year — which can be misleading in a volatile period like this. The overall economy in the second quarter was 9.5% smaller than during the same period a year ago.

After a sharp drop in March and April, economic activity began to rebound in May and June, although that recovery remains halting and could be jeopardized by a new surge of infections.

“As soon as the virus started to take off again in key states like Texas, California, Arizona, Florida, it’s fading very rapidly,” Behravesh said.

Restaurant owner Cameron Mitchell likens the pandemic to a hurricane. What appeared to be a business rebound in June turned out to be merely the eye of the storm, and he’s now being buffeted by gale-force winds again.

“Our associates are more scared to work today and guests are more afraid to go out, so sales have dropped,” Mitchell said.

Cameron Mitchell operates more than 50 restaurants in 13 states. He says business was rebounding in June but has dropped again with the surge in new coronavirus infections.

Cameron Mitchell Restaurants

Business at his restaurants in Florida had nearly recovered to pre-pandemic levels in June but has since fallen sharply.

Other industries have enjoyed a more durable recovery, though few are back to where they were in February.

Dentists’ offices are ordinarily one of the more stable parts of the economy, but they closed for all but emergency services during much of the spring. Dental hygienist Alexis Bailey was out of work for 10 weeks before her office in Lansing, Mich., reopened at the end of May.

At first, she was reluctant to go back to work while the virus was still circulating.

“I was terrified,” Bailey said. “I was not happy to be back. But I have a job to do and I like to do it and I want to help people. We talk about how essential we are, so that’s what we’ve had to do.”

Dental hygienist Alexis Bailey was initially nervous about returning to work but says she quickly grew comfortable with the new protective measures, including a face shield (not shown).

Christina Dauka, MSDH

Within an hour of returning to work, Bailey said, she began to feel comfortable, particularly with the additional protective gear and other safety precautions her office has adopted.

“I tell my patients all the time I wouldn’t be here if I didn’t feel safe,” she said.

Nationwide, dental offices added more than a quarter-million jobs in May and another 190,000 in June. And there has been no shortage of patients.

She thought no one would want to come. “But we’re booked,” Bailey said. “People miss getting their teeth cleaned. They want to catch up. Every time they come in, they say, ‘This has been nice to get out of the house and feel safe and talk to somebody.’ ”

Factory production has also begun to rebound, along with construction. But airlines and amusement parks are still struggling.

“It’s very much a sort of two-tiered economy right now,” Behravesh said.

The unemployment rate approached 15% in April, and in June it was still higher — at 11.1% — than during any previous postwar recession.

While the drop in GDP was largely driven by a decline in consumer spending, the economic fallout was cushioned somewhat by an unprecedented level of federal relief.

Wages and salaries fell sharply in April, but that was more than offset by the $1,200 relief payments that the government sent to most adults and by supplemental unemployment benefits of $600 per week.

Those government payments helped prevent an even steeper drop in consumer spending — the lifeblood of the U.S. economy — and allowed struggling families to buy groceries and pay rent.

Federal Reserve Chair Jerome Powell said Wednesday that the money “has been well spent. It has kept people in their homes. It has kept businesses in business. So that’s all a good thing.”

Those extra unemployment benefits are expiring this week, though. With coronavirus infections still threatening the recovery, additional federal support is likely to be necessary.

“Until we get the virus under control, we’re going to need more help,” Behravesh said. “Our view is that we’re not going to get to the pre-pandemic levels of economic activity until some time in 2022.”

Restaurant owner Mitchell says his business lost $700,000 in June alone. He predicts a wave of restaurant bankruptcies unless the federal government provides more relief.

“No one is looking for a handout here,” he said. “We’re looking to survive.”

He’s watching news of vaccine trials closely in hopes that eventually diners will feel comfortable eating out again in large numbers.

“I don’t think it’s the next couple of weeks,” he said. “But I tell our team, ‘Every day that goes by, it’s one day closer to the end of this thing.’ ”

NPR



68 Comments on "3 Months Of Hell: U.S. Economy Drops 32.9% In Worst GDP Report Ever"

  1. Abraham van Helsing on Fri, 31st Jul 2020 4:00 pm 

    “3 Months Of Hell: U.S. Economy Drops 32.9% In Worst GDP Report Ever“

    Wrong headline. Contraction Q2 is ca. 10%.
    That 32.9% is “annualized”.

  2. makati1 on Fri, 31st Jul 2020 5:43 pm 

    The elites planned and triggered this flu bullshit. It was NOT an accident or natural.

    This is the Great Leveling I have been talking about. It was going too slow so they decided to hyprspeed the Western collapse. Looks like they might just succeed as the dumbed-down, brainwashed lemmings are following the ‘expert’ idiots off the cliff of financial/economic collapse.

    The deaths are only a sideline and not important except that there have been way too few as far as the One Worlders are concerned. Not even as many as the 2010 Swine flu (~600,000). I’m sure they were shooting for millions, not a few hundred thousand, ‘miscounts’ included.

    But, if this one fails, I am sure the next one will succeed. They are not done with us. Too many eaters consuming THEIR resources. Sigh!

  3. Davy on Fri, 31st Jul 2020 6:02 pm 

    Dumbcan’s mob:

    CLUSTERFUCK NATION – BLOGJuly 31, 2020
    When the Going Gets Weird, the Weird Get Punked

    https://kunstler.com/clusterfuck-nation/when-the-going-gets-weird-the-weird-get-punked/

    Did you happen to view the Attorney General being assailed by lunatics in the House Judiciary Committee Tuesday? It kind of looked like a scene from the French Revolution acted out by a road company touring Alice in Wonderland. Mr. Barr stolidly endured their orchestrated calumnies as though he had larger matters on his mind. Do not suppose it will end there, or end well for this shabby claque of mutts and harpies.
    There is the rectified essence of your Democratic Party circa the awful year 2020, spreading its poisons into every organ of society like a fungal overgrowth, making the nation crazy as the old economy of cheeseburgers and happy motoring disintegrates under the spell of a mystifying plague and the peoples’ zombie indifference turns to epic woe and fury.
    If the forlorn homunculus Chairman Nadler accomplished anything, it was to ratchet up Mr. Barr’s determination to round up and indict the figures behind the years-long campaign of sedition waged against the public interest and decency. Sometime before Halloween, an awful wrath is going to befall Barack Obama’s wingmen and handmaidens, and it will be a supremely sobering moment.
    It’s the elected Democrats of Oregon — Portland Mayor Ted Wheeler and Governor Kate Brown — who have turned the Federal Courthouse there into a new Alamo by ordering their police to stand down. And isn’t it rather strange that they’ve gotten The New York Times and CNN rooting against the tiny crew of federal officers bravely defending the place? In a sane country, these politicians would be indicted as accessories to riot and insurrection. And the same goes for elected Democrats in Seattle, Minneapolis, Chicago, Richmond and other cities where the Antifa freaks are allowed to run wild.
    Meanwhile, there was an odor of desperation at the funeral for Rep. John Lewis in Washington as Mr. Obama inveighed against the use of tear gas on “peaceful demonstrators” — the big lie of the season. Who has not seen the many videos of these masked freaks launching mortars and smashing things in the streets? Such a naked hustle suggests that the former president is using the mobs to mau-mau the country while he maneuvers to keep a legion of his former lieutenants out of jail. The screws are turning, as Attorney General Barr’s unflappable demeanor implied during the Mad Hatter’s Tea Party on Tuesday.
    The election itself is another front in this undeclared civil war. How exactly did the Democratic Party come to settle on a candidate with no credible capacity to serve as president? Who is Joe Biden fronting for, and who do they think they’re fooling? How can he possibly deliver an acceptance speech three weeks from now without giving away the game? That will be something to see — but I doubt we will actually see it. If the Dems don’t switch him out, there is no way Mr. Biden can survive the three-month homestretch of an election campaign. He can barely make it through a ten-minute appearance in front of twenty-three hand-picked partisans in a TV studio. Life imitates art, as Oscar Wilde tartly observed. The Manchurian candidate is truly here.
    Mr. Barr is quite correct when he avers that an election by mail-in ballots is an invitation to fraud. The parallel campaign by the news media to ramp up extra hysteria over the corona virus is designed to ensure that scam. Keeping kids out of school is another angle on it, to plant a narrative that parents can’t possibly leave the house to go to a polling station. Wait for it. The result would be an election that can’t be resolved even by the Supreme Court. What will happen then?
    I’ll tell you how it goes: Donald Trump will stand aside and yield to the military, to some general or committee of generals, and the country will be under martial law until the election is sorted out or re-run. And by then, the election may be the least of our problems, with tens of millions out-of-work, out-of-business, penniless, homeless, and hungry. That’s when they’ll truly be selling postcards of the hanging, as the old song goes. Then comes America’s Bonaparte moment. Yes, things can get that weird.

  4. bochen777 on Fri, 31st Jul 2020 6:04 pm 

    I love China. ♥♥

  5. Davy on Fri, 31st Jul 2020 6:05 pm 

    Be patient Dumbcan, your Mob will turn on you before this is done. All your wealth will evaporate. OH well, being in you late 70’s your days are numbered anyway:

    “Hundreds Of Angry Protesters Gather Outside Hamptons Billionaire Mansions To Demand Wealth Tax”
    https://www.zerohedge.com/political/hundreds-angry-protesters-gather-outside-hamptons-billionaire-mansions-demand-wealth-tax

  6. zero juan on Fri, 31st Jul 2020 6:09 pm 

    I figured that was you on the moderated side, lunatic. What a fuck nut:

    bochen777 on Fri, 31st Jul 2020 6:04 pm

    “I love China. ♥♥”

  7. Davy on Fri, 31st Jul 2020 6:41 pm 

    Dumbcan’s Mob insanity:

    “Seattle Moves To Replace ‘Racist’ Police With ‘Trauma-Informed, Gender-Affirming, Anti-Racist’ Organizations”
    https://www.zerohedge.com/markets/seattle-moves-replace-racist-police-trauma-informed-gender-affirming-anti-racist

    The Seattle City Council advanced legislation on Friday which would replace the ‘racist institution of policing’ with a civilian-led activities and organizations under a new ‘Department of Community Safety & Violence Prevention.

  8. makati1 on Fri, 31st Jul 2020 7:10 pm 

    GAWD! Do Amerikans EVER look in the mirror and see reality? I doubt it very much. I think only those outside the Amerikan gulag can see the real Amerika.

    An hour of browsing the world headlines tells me that Amerika is insane and fucked. Not one sane, positive US event listed, headlining hundreds of articles. Not one. Only more insanity.

    You cannot imagine how happy I am to NOT live there and NOT need Amerika. Whew! Pass the popcorn!

  9. makati1 on Fri, 31st Jul 2020 5:43 pm The elites planned and triggered this flu bullshit. It was NOT an accident or natural. This is the Great Leveling I have been talking about. It was going too slow so they decided to hy on Fri, 31st Jul 2020 9:23 pm 


    supertard we do it for the love of supremacist muzzies

  10. zero juan on Fri, 31st Jul 2020 9:37 pm 

    stupid shit from the lunatic. Lunatic, don’t you need to buy plywood and board up the 5th story condo? poor widdle juanPPee, ist covid now a hurricane. One thing is for sure you deserve it asshole.

    makati1 on Fri, 31st Jul 2020 5:43 pm The elites planned and triggered this flu bullshit. It was NOT an accident or natural. This is the Great Leveling I have been talking about. It was going too slow so they decided to hy said supertard we do it for the love of supremacist mu..

  11. the scientific supremacists technocratic tyrans single handledly destroyed america i hope the american revolution will come soon and it will be over in an hour the more killing the better on Fri, 31st Jul 2020 11:11 pm 

    the scientific supremacist freaks are also hard core muzzie lovers

  12. this is technocratic tyranny that alex jones has been talking about for years on Fri, 31st Jul 2020 11:12 pm 

    i’m for revoluiton and cleaning of the filth that destroyed america

  13. this is why we need (((supremetard))) in america SCIENCE-19 destroyed AMERICA single handledly with CONVICT-19 on Fri, 31st Jul 2020 11:15 pm 


    STUPID-19
    DROPOUT-19

    MUZZ-19

    revolution now, massive killing and cleaning up the stupid filth that destroyed america

  14. bochen777 on Sat, 1st Aug 2020 12:09 am 

    China we love you! ♥♥
    Go China!!!

  15. Abraham van Helsing on Sat, 1st Aug 2020 1:24 am 

    That’s the political left for you:

    ‘”Teasing the girls with playful pokes,’ Bill Clinton strolled with two beauties ‘around either arm content to retire for the evening.’ Epstein victim tells of the Hillary-free former president’s night on Jeffrey ‘orgy island,’ in unsealed docs“

    https://www.dailymail.co.uk/news/article-8579857/Bill-Clinton-stayed-Jeffrey-Epsteins-villa-orgy-island-court-docs-claim.html

    White girls only:

    “EXCLUSIVE: ‘The girls couldn’t be black.’ Jeffrey Epstein and Ghislaine Maxwell ordered victim Virginia Giuffre to recruit young, white girls and if they weren’t ‘they had to be exotically beautiful,’ unsealed docs reveal“

    https://www.dailymail.co.uk/news/article-8581095/Jeffrey-Epstein-Ghislaine-Maxwell-told-victim-Virginia-Giuffre-not-recruit-black-girls.html

    ZOG corruption in full display:

    “Jeffrey Epstein ‘forced underage girls to have sex with Prince Andrew so that he could get incriminating information to use as potential blackmail’“

    https://www.dailymail.co.uk/news/article-8582575/Jeffrey-Epstein-forced-underage-girls-sex-Prince-Andrew-blackmail-him.html

  16. Shortend on Sat, 1st Aug 2020 9:24 am 

    Sounds like we need more Socialization of the Nation…Go Trump and Pence…making Amerika a Great Socialist Republic

  17. The Nationalist on Sat, 1st Aug 2020 9:26 am 

    What they don’t tell you is how Epstein’s father groomed Bill Clinton to be used to entrap female Hollywood stars in late 60’s. Joan Collins, Audrey Hepburn have all been implicated.

  18. Abraham van Helsing on Sat, 1st Aug 2020 9:49 am 

    I wish Epstein could have gotten me some prime black cock for my hungry hungry arsehole. Would have been sooo nice.

  19. Fuck the Right on Sat, 1st Aug 2020 10:04 am 

    re: http://www.doomsteaddiner.net/blog/2020/07/30/moving-on/

    “Note from RE: I did not spend near the time on Jimmy’s Blog that K-Dog did. I think he booted me off after about 5-6 posts in the commentariat. lol. I did however have several long correspondences with him via email, partcularly when we ran the Human Extinction Survey here on the Diner. Other notables like Dr. McStinksion and Dmitry Orlov also part of that email stream. I do not know if JHK is connected to the NSA or any other “Honey Trap” out there. I can tell you however he is a first class asshole, much the same as Dimitry and Mr. Wizard John Michael Greer. JHK is a good writer and can turn a phrase quite well, but he is a jerk, and he hasn’t had a decent new insight in at least a decade.”

  20. zero juan on Sat, 1st Aug 2020 10:47 am 

    fucking lunatic juanPPee:

    Fuck the Right said re: http://www.doomsteaddiner.net/blog/2020/07/30/

    The Nationalist said What they don’t tell you is how Epstein̵…

  21. Abraham van Helsing on Sat, 1st Aug 2020 11:55 am 

    re: http://www.doomsteaddiner.net/blog/2020/07/30/moving-on/

    Yeah, JHK, more Teuton than Heeb. He is smart enough to know that the Global-Zion project (“NWO”) is going to fail miserably.

  22. Davy on Sat, 1st Aug 2020 12:09 pm 

    More USAUP for dumbcan:

    U.S. GDP Drops 32.9%

  23. Abraham van Helsing on Sat, 1st Aug 2020 12:17 pm 

    Even “moderate American” and funniest US columnist I am aware of (and married to a Mexican (female, you have to add that these days)), Fred Reed, believes that the Boogaloo is coming:

    https://www.unz.com/freed/its-gonna-blow-be-a-miracle-if-it-dont/

    “It’s Gonna Blow
    Be a Miracle if it Don’t”

    Not too disinterested Europeans and Chinese are carefully monitoring developments and will act accordingly on a moment they will see fit.

  24. Davy on Sat, 1st Aug 2020 12:42 pm 

    JuanP on Sat, 1st Aug 2020 12:09 pm

    “More USAUP for dumbcan: U.S. GDP Drops 32.9%”

    juanPPee, that is an annualized drop. There will be a good recover of around 11% Q3 but you don’t have any education in business or finance so I wouldn’t expect you not to know that.

    US GDP Seen Rebounding 11.9% In Q3 By Atlanta Fed
    https://www.zerohedge.com/markets/us-gdp-seen-rebounding-119-q3-atlanta-fed

  25. https://www.youtube.com/watch?v=r4N4TiOHc-g on Sat, 1st Aug 2020 2:35 pm 


    I don’t call it the dirty name (guess what it is) because people would dismiss saying it violates 2nd law of thermodynamic or energy is neither created or destroyed.

    This is manipulation of potential energies of gravity and physical manipuation of B field.

    slap an ASIC on it to take care of the tunning and cool the magnet in a natural stream and it becomes an entropy manipulating machine.

    Make the B field dynamic and manipulate using B vectors and one could improve output

    please love supremacsit muzzies more

  26. Davy on Sat, 1st Aug 2020 3:18 pm 

    Praise Jesus for ZeroHedge. If not for them telling me what I want to hear and believe, I dont know what I would do with myself. Or my two functioning brain cells. I would probably have to quote the Daily Mail all day long, ROFLMDAO.

    Zero-Hedge. Subsrive today!

    You’d have to be a dumbass not to.

  27. supposes we know for sure gravitation is instantaeous and we know B field is at speed of light on Sat, 1st Aug 2020 3:19 pm 

    this would mean the universe

  28. Davy on Sat, 1st Aug 2020 3:24 pm 

    JuanP on Sat, 1st Aug 2020 3:18 pm

    Praise Jesus for ZeroHedge. If not for them telling me what I want to hear and believe, I dont know what I would do with myself. Or my two functioning brain cells. I would probably have to quote the Daily Mail all day long, ROFLMDAO.
    Zero-Hedge. Subsrive today!
    You’d have to be a dumbass not to.

    Right juanPPee, like you even understand the material. You are so low IQ I doubt you understand the deeper topics. You just use ZH to look like you are smart.

    Stupid fuck

  29. zero juan on Sat, 1st Aug 2020 3:25 pm 

    supposes we know for sure gravitation is instantaeous and we know B field is at speed of light said this would mean the universe

  30. REAL Green on Sat, 1st Aug 2020 3:48 pm 

    32.9 drop in GDP is USADown Davy

    stupid

  31. Davy on Sat, 1st Aug 2020 4:02 pm 

    Lunatic, I read on ZH that China’s GDP is down 500%.

    And is deep in overshoot too.

    dumbass.

  32. Abraham van Helsing on Sat, 1st Aug 2020 4:15 pm 

    Fred Reed:

    “Nothing holds the country together. There is no social glue, no dominant culture. We have no shared history, language, dialect, ethnicity, or religion. Diversity turns the country into rubble.

    Diversity? It is the end of America. The country once was overwhelmingly white, European, Anglophone, and Christian. It worked, as approximate monocultures usually do.”

    Don’t take it from the Nedernazi, take it from someone who was always low-key on race, until now:

    https://www.lewrockwell.com/assets/2009/08/lockjaw.jpg

  33. Davy on Sat, 1st Aug 2020 4:50 pm 

    JuanP on Sat, 1st Aug 2020 3:48 pm

    “32.9 drop in GDP is USADown Davy
    stupid”

    The world is down stupid but your education is so bad all you do is look at numbers you don’t understand.

  34. Davy on Sat, 1st Aug 2020 4:53 pm 

    JuanPon Sat, 1st Aug 2020 4:02 pm

    “Lunatic, I read on ZH that China’s GDP is down 500%.
    And is deep in overshoot too. Dumbass.”

    Where did you read that juanPPee? Get some remedial education dumb fuck!

  35. Davy on Sat, 1st Aug 2020 6:02 pm 

    China GDP is up juanPPee

    Fuckwack!

  36. Davy on Sat, 1st Aug 2020 6:04 pm 

    JuanP on Sat, 1st Aug 2020 6:02 pm

    “China GDP is up Fuckwack!”

    Everyones’s GDP is up over last few months but annualized, sorry retard it is not. fuckwack

  37. REAL Green on Sat, 1st Aug 2020 6:08 pm 

    “China GDP is up”

    So true widdle Davie. So true.

    cuntface!

  38. Davy on Sat, 1st Aug 2020 6:19 pm 

    JuanP on Sat, 1st Aug 2020 6:08 pm

    “China GDP is up” So true widdle Davie. So true. cuntface!

    Obviously, the lunatic juanPPee is triggered because I proved him wrong yet again.

  39. bochen777 on Sat, 1st Aug 2020 6:46 pm 

    The US government has awakened to that reality and now the long standing foreign policy with China has taken a dramatic u-turn, reverse course 180, etc and is especially blunt under the Trump administration but would still stay the course regardless who is the figurehead POTUS… its a repudiation of the US reapproachment with China 45 years ago… Pompeo himself recently said that US got nothing out of the nearly 50 year relationship and “nothing to show for it”… for sure, China’s easy mode is over, and now has to seriously contend and defend itself against an anger and vicious Amerikkka that want nothing more than to rip China apart for daring to challenge the white world order…

    US got wrong some of its core assumptions about China, that as China opened up its government would become more democratic (as in easier for CIA influence/ coups/etc) and its people would demand the so called freedum of speech and other so called liberties (so US can push its proganda into China and turn the Chinese citizens against their own “repressive” goverments if the said governments don’t do what Washington asks etc) and all the way up until around 2013 America still believed that a stronger China was a net benefit to US hegemony rather than competition against it, because it was (in retrospect) overly confident in that end China would be ever content under the wings and umbrella of Uncle Sam and would acqueise much like the Japanese during the 80’s and the Plaza Accord.

    If you understand what the US gov had planned for decades and that it didn’t pan out, then you can understand why the US is so pissed off at China right now… US helped faciliate China’s growth not out of the kindness of their heart, and certaintly not because they cared one iota about the wellbeing of the Chinese people, but because the endgame had always been to grow China large enough that one day when the it got ripe enough the US was planning on harvesting China, and recapturing that wealth by taking China to the slaughters and in essence China was supposed to be one big piggybank that the US was storing up for its own retirement phase! Instead China wised up and said no, and went for Africa, to give the African countries a better overall deal, and now in one fell swoop the US is in danger of losing its cheap labor pool and its resource pool (the objective was to have China always be America’s cheap factory by making sure China never climbed out of the middle income trap and to keep Africa poor so it can get the lowest rates on resource extraction since a developing Africa would have more bargaining power and cause the price of commodities and resources to go up etc)

  40. bochen777 on Sat, 1st Aug 2020 6:48 pm 

    The American system, as it currently is, was always unsustainable and could only ever keep on keeping on if China went with it as well… America is not going to leave China alone no matter how peaceful China is because China takes up enough of the world pie that if it didn’t willingly integrate under the US system and if it could go off and do its own thing or set up parallel system etc, then the US collapses and the house of cards comes crashing down…

  41. zero juan on Sat, 1st Aug 2020 7:20 pm 

    Another example of dumbass juanPPee using socks on the moderated side. He also goes by C8, FamousDrScanlon, and now bochen777.

    FUCK JUANP. asswipe and dick breath

    bochen777 said The American system, as it currently is, was alway…

    bochen777 said The US government has awakened to that reality and…

  42. bochen777 on Sat, 1st Aug 2020 7:27 pm 

    ^
    |

    Bitch please, I’ve been on PO since the LATOC days under bochen280…. have no idea why Davy still so crazy though even worse than that specops dude from 2006

  43. REAL Green on Sat, 1st Aug 2020 7:44 pm 

    So true bochen777. So true.

    Widdle Davies real stupid. And real crazy.

  44. makati1 on Sat, 1st Aug 2020 9:21 pm 

    “The American system, as it currently is, was always unsustainable..” True! It could only continue by stealing other country’s resources as it has dumbed down too much to really compete in the modern world. China is going to kick its ass royally. Wait and see.

  45. across the world government leaders are saying happy muzzying while mass horrific slaughter of animals happen on Sat, 1st Aug 2020 10:52 pm 

    and PETA is silent

    a couple of decades ago there wouldn’t be such mainstreaming of muzz

    imagine a happy nazi day

    muzz conducted jihad across the western world but the love for muzz is just incredible

  46. bochen777 on Sat, 1st Aug 2020 10:59 pm 

    USA has a lot of hidden advantages too.. you know the saying that all is fair in love and war?

    People like to talk about laws, rules, rule of law, rules based system, but its all meaningless. These schemes exists to serve hegemony not the other way around… The only real “rules” are those imposed by the constraints of the laws of physics, everything else goes in the fight to maintain/win hegemony… the US side knows that at current status quo if nothing drastic is done to change course that in the long run China will win…

    So US will try everything possible outside the box to prevent that from happening… and as we have seen, even countries that initially welcomed the Huawei 5G (for the better deal) were pressured and really coerced/blackmailed in joining the US camp in terms of shunning away Chinese tech/deals… this is all US trying to protect its own hegemony, but fair or not, right or wrong, at the end of the day its result based, it is what US can achieve or what China hasn’t achieved…

    China is behind on PR, propaganda, informational warfare, and US holds the platforms of control and information chokepoints (Google platform, Apple ecosystem, Microsoft etc) and so a lot of tactics that the US can use on China, is asymmetrical and China cannot use the same to fight back etc…

    In order of costs, its cheaper to use PR/spin/propaganda and information warfare to destabilize and color revolution a country and then do a coup than it is to invade that country…. for bigger nations like China, invasion would be way to expensive, and a coup is not all that likely since China has taken active measures to protect itself, but the US has other strategies like economic warfare, weaponizing its dollar hegemony, maybe even biowarfare, cyberwar, and basically a CIA mystery fire of ASML EUV machine here, ASF for pork price inflation there, overthrow of Bolivia elected leader to deprive China of the lithium contracts, well you get the picture, its containment of China by a thousand slices… China is at disadvantage here because China isn’t good at PR, brainwashing, and China doesn’t do false flag operations like Pearl Harbor, Gulf of Tonkin, 911/ 7/7, covid, etc

    US also has the ability to get its vassals to shoulder the burden of fighting China for it, even if its too costly for America to take down China by itself, it has the uncanny ability to recruit its vassals to put American interests about their own, politics above economics, and if US can unite together a good portion of the world all willing (coerced or otherwise but I think the US term is “partner of choice” which is doublespeak like free speech is only free to say what they allow to say, so the choice is there if only you choose the US lol ) to place the interest of US above that of the citizens of their own country then collectively that would be enough to reverse the tide and not only contain but also erase China’s growth/ascension… this would be the worst outcome for China, to be isolated and bypassed on the world stage…

  47. Abraham van Helsing on Sun, 2nd Aug 2020 12:30 am 

    Interesting analyses about who is going to win CW2:

    https://youtu.be/TDu6rabPdGM

    I agree with a lot of his points. The right’s cards aren’t bad indeed and they would be foolish to volunteer to live under the whip of BLM-ers and SJW-ers. The motive to secede is there and the moment is now, especially if Trump loses or chaos will erupt from a contested election result, the ideal launchpad for a right-wing uprising.

    Where I differ is that he overestimates the potential support of the regular army. They may have voted for Trump two to one, but that doesn’t mean they voted for disoluttion of the US or will defect 2:1. There is a heavy price to be paid for defection from the army. Loss of income and potential death penalty for desertion. You really must be sure the defection will succeed, and nobody can be sure at the start of the war. On the plus side, he underestimates foreign involvement. I don’t think European former vassal regimes will mind very much that they will regain sovereignty again from the overlord, where they ruled the world 1492-1945 and have the EU as a successor power vehicle. France will love it, Merkel-Germany will deplore it, Britain will hate it, that just burned all its ships behind it with Brexit. The US revolutionary right will receive a lot of support from Russia, Eastern Europe, especially Poland, Italy, France. The left from Britain and China.

  48. makati1 on Sun, 2nd Aug 2020 1:57 am 

    boch.. I disagree. The US’ “Vassals” are moving away from the Us and either neutral or moving towards China. Maybe you need an update on the real world?

    The idea of a “color revolution” is also wearing thin. The world is waking up to Amerika’s methods and countering them. Hong Kong for instance.

    The US id dying. All the signs point to it being a 3rd world country by 2030. Prove me wrong, with refs.

  49. bochen777 on Sun, 2nd Aug 2020 3:44 am 

    Mak,

    Well Microsoft bought TikTok, and just released Flight Simulator 2020…

    And Cyberpunk 2077 comes out in November.

    So theres that…

  50. Abraham van Helsing on Sun, 2nd Aug 2020 4:49 am 

    “Microsoft pauses negotiations to buy US operations of TikTok”

    https://www.timesnownews.com/business-economy/companies/article/microsoft-pauses-negotiations-to-buy-us-operations-of-tiktok-report/630705

    Will Microsoft get its own Youtube?

Leave a Reply

Your email address will not be published. Required fields are marked *